BORRING HOLDING A/S — Credit Rating and Financial Key Figures

BORRING HOLDING A/S (CVR number: 20958537K) is a company from ODENSE. The company recorded a gross profit of 72.4 mDKK in 2020. The operating profit was 49 mDKK, while net earnings were 39.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BORRING HOLDING A/S's liquidity measured by quick ratio was 4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.